Jana Partners

EQT Corp. boosted JANA in July while sharp losses from two stocks held back gains.
Barry Rosenstein’s hedge fund, which just posted its fourth straight profitable quarter, is pressing for changes at shale gas company EQT.
The activist hedge fund firm, which switched up its portfolio in the first quarter, was hurt in part by its two newest targets.
The company surged on Tuesday after a strong earnings report and is up double-digits for the year.
The hedge fund firm says the upscale grocer’s stock is undervalued — and it’s prepared to launch a proxy fight if management won’t cooperate.
The activist hedge fund firm continues to benefit from a portfolio overhaul executed last year, while one of its newest targets, jeweler Tiffany, is already paying off.
In a bid to stem losses, the sometime activist hedge fund firm unloaded four of its top ten holdings and established 26 new positions.
The three hedge funds that have already reported last month’s performance beat the S&P 500.